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We Need Infrastructure Spending to Avoid Another Texas-Sized Mess :: The Market Oracle ::


I just talked with one of the most successful hedge fund managers in the country (in terms of returns over the last four years). He will not allow me to use his name. But I can tell you he is a raging bull.
He believes the stimulus that we already had plus what we will get coupled with a major infrastructure bill, plus extraordinarily easy monetary policy, combined with significant new technology innovations adds up to a new bull market.
This is someone with 5X returns over the last four years with a very diverse portfolio. So it could pay to pay attention. ....

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Detailed text transcripts for TV channel - MSNBC - 20161114:12:09:00

Central part of america. this is a very reasonable sounding donald trump. and that s what we re all kind of waiting for. you did need infrastructure spending. you need things. you need to have health care that replaces obamacare that allows people with pre-existing conditions to get health care coverage. we re all kind of waiting to see as been overused here but reince priebus-led presidency or steve bannon-led presidency. it will be interesting the first few stories that come along saying some of the alt-progressive types feel abandoned by donald trump when he does things or for that matter when the republican establishment, paul ryan and reince priebus say he hasn t changed his spots. ron, michigan. again, one of the great shocks of this campaign is what happened in wisconsin, michigan, and pennsylvania. you have a president let s ....

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Detailed text transcripts for TV channel - FOXNEWS - 20150516:14:17:00

Beneficial but across the country, absolutely not. we already have high-speed rail. if you want to get from denver to las vegas or dallas to phoenix, you take southwest airlines. that s a pretty quick service and it s pretty cheap. the problem is we do need infrastructure spending. and you can t trust politicians with money. 37% of recovery act went to unfunded pension liabilities. up to 40% of the gas tax goes to special projects. you cannot trust politicians and that is the problem with our infrastructure spending. gary k. where do you weigh in on this? california first said $30 billion. now it s $68 billion. which basically means $100 billion. they already admitted they need taxpayer subsidies up to a billion dollars a year and it always falls on the taxpayer. if you notice as said you don t see private companies jumping all over this because they know it s a money loser. think the big dig in massachusetts. it was supposed to cost $3 billion and ended up $15 billion and nine yea ....

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